Maryland § 15-142
Full text of Maryland Maryland Code § 15-142, with citation guidance and answers to common questions.
§ 15-142.
(a) In this section, “Fund” means the Fair Share Health Care Fund.
(b) There is a Fair Share Health Care Fund.
(c) The purpose of the Fund is to support the operations of the Program.
(d) (1) The Fund is a special, nonlapsing fund that is not subject to § 7-302 of the State Finance and Procurement Article.
(2) The Treasurer shall hold the Fund separately, and the Comptroller shall account for the Fund.
(e) The Fund consists of:
(1) Any revenue received from payments made by employers under Title 8.5 of the Labor and Employment Article; and
(2) Any other money from any other source accepted for the benefit of the Fund.
(f) The Fund may be used only to support the operations of the Program.
(g) (1) The Treasurer shall invest the money of the Fund in the same manner as other State money may be invested.
(2) Any investment earnings of the Fund shall be retained to the credit of the Fund.
(h) The Fund shall be subject to an audit by the Office of Legislative Audits as provided for in § 2-1220 of the State Government Article.
Frequently Asked Questions About Maryland § 15-142
What does Maryland Code § 15-142 cover?
Section 15-142 is part of the Maryland Code, the codified statutory law of Maryland. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Maryland § 15-142?
A common citation format is "Maryland Code § 15-142" (Maryland). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Maryland law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Maryland official source linked on this page or consult a licensed Maryland attorney.
How does Maryland § 15-142 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Maryland can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Maryland.